Thursday, October 17, 2019

Shell and PGGM Aim to Bid for Dutch Energy Company Eneco

January 14, 2019

Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco .

The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 billion euros ($3.4 billion), in December said they will sell the company through an auction later this year.

(Reuters, Reporting by Bart Meijer, editing by Louise Heavens)

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